Top Economic Development News

2023 has started out strong! The Frederick County Office of Economic Development kicked off the year by releasing our latest Top 50 publication in partnership with Frederick Magazine. We are excited to share the Top 50 Most Innovative Businesses in Frederick County along with companies and partners that foster innovation. Check out the profiles of some of our Top Innovators: Astra Zeneca, Galaxy Control Systems, Alirtify, District Farms and @VR Virtual Reality.


We have been really busy working with businesses who are looking to start, locate and expand. Kite Pharma announced an exciting 70,000sf expansion at their biomanufacturing facility in Urbana, while China-based company Forecyte Bio Limited recently held their ribbon-cutting celebration for their new 17,000sf facility. Our life science industry continues to grow and prosper! A newly-announced program from BioHub is offering opportunities to veterans by training them with the skills needed for the life sciences industry.


Partnerships and collaboration are key elements of economic development. Thanks to a partnership with M&T Bank, FCOED is excited to launch the EmPOWER Business Accelerator Program. This 10-week virtual business accelerator program is designed to help underrepresented businesses grow their business, offering a pitch competition at the end. Bio Boot Camp, a partnership with the Frederick County Workforces Services, the City of Frederick Department of Economic Development and Frederick Community College kicked-off this month.


As we continue building momentum, we are passionate and committed to supporting our business community throughout the year. Stayed tuned for more announcements throughout the year.

Revealed: Frederick's Top 50 Innovative Businesses

See which companies made our list of the Top Innovative Businesses in Frederick County.


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Kite Announces Plans to Expand Cell Therapy Manufacturing Operations - 100 New Jobs to Be Created in Frederick County

Kite Pharma, a company that is changing the way cancer is treated, is expanding its operations in Frederick County.


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China-Based Gene & Cell Therapy Company Opens Frederick Location

Welcome to Frederick County, Forecyte Bio! Our local life sciences industry continues to grow with the addition of this China-based company.


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How Can Frederick County's Business Consultant Help You?

Learn how SBDC Training Director and Business Consultant Bryan Laing can assist you on your business journey.


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Registration Now Open for SMART PROC GovCon 2023

Interact with hundreds of individuals representing small business, federal agencies, business primes and subject matter experts.


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BioHub Maryland, Platoon 22 Partner to Reskill Military Veterans for Life Sciences Careers

BioHub Maryland and Platoon 22 are teaming up to offer military veterans access to training in skills needed in the life science industry.


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EmPOWER Business Accelerator


FCOED is pleased to announce that we are partnering with M&T Bank to offer a FREE virtual Small Business Accelerator Program to support small and underrepresented businesses. Applications are now open, and the deadline to apply is February 1, 2023.


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Ribbon Cuttings & Anniversaries
Asian Supermarket
Center for Holistic Wellness and Anti-Aging
Dream Free Art
Jessica Jordan Custom Jewelry
Shift Work + Play
Snake & Stone
Northwestern Mutual

Additional Economic Development News


Hood to receive $1 million from federal omnibus bill


Nominate a Woman in Tech for Sass Magazine


Vote for Boats on Carroll Creek



Tickets on sale for Hyper Local Brew Fest

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